What Is The Instrument Of Fiscal Policy? "Transfers"? Can You Answer It In Detail ?

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Anonymous Profile
Anonymous answered
Following are the various instruments or measures which influence the economic stability of an economy are as under:
-Budget
-Taxation
-Public Expenditure
-Public Debt
-Deficit Financing
Anonymous Profile
Anonymous answered
What is the fiscal policy and how uses its instrument to influence the economic activity of country
Lily James Profile
Lily James answered
Changes in taxes and government taxes are the two main tools that indicate the efforts of a Government to influence the direction of the economy. When government implements policies to do this, this policy is known as Fiscal policy.
Transfer basically means the redistribution of the payments or money in the economy by the government. The never directly crate output or consume resources...Welfare, social security payments(unemployment and Old age allowance) and government subsidies etc.

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